Gold miner 'on track' to meet productions targets

Gold company Anglogold Ashanti says it is close to meeting its targets for quarterly gold production, despite serious flooding at its mine in Western Australia's Goldfields.

Anglogold lost nearly 20,000 ounces of gold when floods at its Sunrise Dam mine near Laverton shut down production in March.

Spokeswoman Andrea Maxey says despite the loss, Anglogold will still meet the targets it set for the quarter.

"Fortunately we've had very strong performances from our operations in continental Africa and the Americas, so that helps claw [back] much of that lost production at Sunrise Dam, so that we're now on track for our original quarterly production guidance of 1.04 million ounces," she said.